English Edition

Kick Off of the ENPI MED ALGAE Project “Production of Biodiesel from Algae in Selected Mediterranean Countries”

Kick Off of the ENPI MED ALGAE Project “Production of Biodiesel from Algae in Selected Mediterranean Countries”

Nowadays the efforts have been intensified in order to find alternative fuels to replace petroleum products and reduce greenhouse gas emissions. One of the main problems with biodiesel is to have available sufficient raw material for production. A solution to this problem seems to be the cultivation of microalgae that are found in seawater or wastewater. The microalgae have a higher yield for biodiesel production in relation to energy crops.

Italy Gas Situation Critical; May Suspend Firms Supplies

Italy Gas Situation Critical; May Suspend Firms Supplies

Industry Minister Corrado Passera Monday said the situation of natural gas supplies to Italy is critical, but well monitored as domestic consumption reached a record high from the bitter cold and after supplies from Russian have been lower than requested for almost a week.

Iraq Resumes North Oil Exports After Weekend Halt - Shipper

Iraq Resumes North Oil Exports After Weekend Halt - Shipper

Iraqi oil exports through the northern pipeline to the Turkish port of Ceyhan are running at around 550,000 barrels a day after a weekend interruption, a Middle East shipping agent told Dow Jones Newswires Monday.

French Power Grid Calls For Consumption Moderation Amid Cold

French Power Grid Calls For Consumption Moderation Amid Cold

French power grid company Reseau de Transport d'Electricite, or RTE, Monday called on the country's local authorities to help moderate electricity consumption, which should reach a record high later in the day or Tuesday due to the unusually cold weather.

Italys Rovigo LNG Plant At Lower Capacity Due To Heavy Seas

Italy's Rovigo LNG Plant At Lower Capacity Due To Heavy Seas

Terminale GNL Adriatico Srl, which owns one of Italy's two liquefied natural gas import facilities, said Monday the terminal is running on lower volumes as ships are unable to dock due to heavy sea conditions.

Obama Says US Has Good Fix On Iranian Nuclear Program

Obama Says US Has Good Fix On Iranian Nuclear Program

President Barack Obama said the United States had a good fix on the progress of Iran's nuclear program and had long prepared a military response in the Gulf should it become necessary.

EU Energy Chief Sees Decision On Caspian Gas Supply In 2-3 Months

EU Energy Chief Sees Decision On Caspian Gas Supply In 2-3 Months

The European Union's top energy official said Monday he expects there will be "irreversible decisions" within the next few months that will open the southern corridor to deliver natural gas from the Caspian region to central Europe.

Ocean Rig UDW Inc. Announces Three Year Drilling Contract for the Leiv Eiriksson

Ocean Rig UDW Inc. Announces Three Year Drilling Contract for the Leiv Eiriksson

Ocean Rig UDW Inc, a global provider of offshore deepwater drilling services, today announced that it has signed a new drilling contract for its semisubmersible drilling rig “Leiv Eiriksson” with a consortium coordinated by Rig Management Norway for drilling on the Norwegian Continental Shelf.

Ferragamo Counts on German Module Manufacturer, Aleo

Ferragamo Counts on German Module Manufacturer, Aleo

aleo solar AG has recorded a high number of repeat-orders in Italy: aleo modules are often re-ordered to expand solar systems or in the case of new projects on the roofs of both private homes and companies as well as on other appropriate surfaces.

Rosneft Net Profit Slightly Down At $3.0 Billion

Rosneft Net Profit Slightly Down At $3.0 Billion

Russian state oil producer OAO Rosneft (ROSN.RS) Friday said fourth-quarter net profit fell 2% from last year partly due to higher taxes on the huge Vankor field and higher transportation costs, but was still supported by higher oil prices and a weaker ruble.

EU: Gas Shortage Hits Eastern Europe, Greece, Italy, Austria

EU: Gas Shortage Hits Eastern Europe, Greece, Italy, Austria

Russian natural gas supplies to Europe were curtailed for a third straight day Friday, as particularly cold winter weather increased Russia's domestic demand and hit flows to a number of European Union countries.